diff --git a/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentRepository.kt b/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentRepository.kt
index af36cb06..283d1745 100644
--- a/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentRepository.kt
+++ b/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentRepository.kt
@@ -110,6 +110,7 @@ class AdminAudioContentQueryRepositoryImpl(
                     audioContentTheme.theme,
                     audioContentTheme.id,
                     audioContent.price,
+                    audioContent.settlementRatio,
                     audioContent.limited,
                     audioContent.remaining,
                     audioContent.isAdult,
diff --git a/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentService.kt b/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentService.kt
index dbdbd277..b903c420 100644
--- a/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentService.kt
+++ b/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentService.kt
@@ -93,7 +93,8 @@ class AdminContentService(
 
     @Transactional
     fun updateAudioContent(coverImage: MultipartFile?, requestString: String) {
-        val request = objectMapper.readValue(requestString, UpdateAdminContentRequest::class.java)
+        val requestNode = objectMapper.readTree(requestString)
+        val request = objectMapper.treeToValue(requestNode, UpdateAdminContentRequest::class.java)
         val audioContent = repository.findByIdOrNull(id = request.id)
             ?: throw SodaException(messageKey = "admin.content.not_found")
 
@@ -145,6 +146,18 @@ class AdminContentService(
             val theme = themeRepository.findByIdAndActive(id = request.themeId)
             audioContent.theme = theme
         }
+
+        if (request.isSettlementRatioDeleted == true) {
+            if (requestNode.has("settlementRatio")) {
+                throw SodaException(messageKey = "common.error.invalid_request")
+            }
+            audioContent.settlementRatio = null
+        } else if (request.settlementRatio != null) {
+            if (request.settlementRatio !in 0..100) {
+                throw SodaException(messageKey = "common.error.invalid_request")
+            }
+            audioContent.settlementRatio = request.settlementRatio
+        }
     }
 
     fun getContentMainTabList(): List<GetContentMainTabItem> {
diff --git a/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/GetAdminContentListResponse.kt b/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/GetAdminContentListResponse.kt
index 1fe1ba7e..8052b84d 100644
--- a/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/GetAdminContentListResponse.kt
+++ b/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/GetAdminContentListResponse.kt
@@ -18,6 +18,7 @@ data class GetAdminContentListItem @QueryProjection constructor(
     val theme: String,
     val themeId: Long,
     val price: Int,
+    val settlementRatio: Int?,
     val totalContentCount: Int?,
     val remainingContentCount: Int?,
     val isAdult: Boolean,
diff --git a/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/UpdateAdminContentRequest.kt b/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/UpdateAdminContentRequest.kt
index 9b0a6e7c..1a51947c 100644
--- a/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/UpdateAdminContentRequest.kt
+++ b/src/main/kotlin/kr/co/vividnext/sodalive/admin/content/UpdateAdminContentRequest.kt
@@ -7,6 +7,8 @@ data class UpdateAdminContentRequest(
     val detail: String?,
     val curationId: Long?,
     val themeId: Long?,
+    val settlementRatio: Int?,
+    val isSettlementRatioDeleted: Boolean?,
     val isAdult: Boolean?,
     val isActive: Boolean?,
     val isCommentAvailable: Boolean?
diff --git a/src/main/kotlin/kr/co/vividnext/sodalive/content/AudioContent.kt b/src/main/kotlin/kr/co/vividnext/sodalive/content/AudioContent.kt
index a7cf23a1..eaa37f68 100644
--- a/src/main/kotlin/kr/co/vividnext/sodalive/content/AudioContent.kt
+++ b/src/main/kotlin/kr/co/vividnext/sodalive/content/AudioContent.kt
@@ -35,6 +35,7 @@ data class AudioContent(
     var languageCode: String?,
     var playCount: Long = 0,
     var price: Int = 0,
+    var settlementRatio: Int? = null,
     var releaseDate: LocalDateTime? = null,
     val limited: Int? = null,
     var remaining: Int? = null,
diff --git a/src/test/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentServiceTest.kt b/src/test/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentServiceTest.kt
new file mode 100644
index 00000000..027bd62b
--- /dev/null
+++ b/src/test/kotlin/kr/co/vividnext/sodalive/admin/content/AdminContentServiceTest.kt
@@ -0,0 +1,166 @@
+package kr.co.vividnext.sodalive.admin.content
+
+import com.fasterxml.jackson.module.kotlin.jacksonObjectMapper
+import kr.co.vividnext.sodalive.admin.content.curation.AdminContentCurationRepository
+import kr.co.vividnext.sodalive.admin.content.tab.AdminContentMainTabRepository
+import kr.co.vividnext.sodalive.admin.content.theme.AdminContentThemeRepository
+import kr.co.vividnext.sodalive.aws.cloudfront.AudioContentCloudFront
+import kr.co.vividnext.sodalive.aws.s3.S3Uploader
+import kr.co.vividnext.sodalive.common.SodaException
+import kr.co.vividnext.sodalive.content.AudioContent
+import org.junit.jupiter.api.Assertions.assertEquals
+import org.junit.jupiter.api.Assertions.assertNull
+import org.junit.jupiter.api.Assertions.assertThrows
+import org.junit.jupiter.api.BeforeEach
+import org.junit.jupiter.api.DisplayName
+import org.junit.jupiter.api.Test
+import org.mockito.Mockito
+import java.util.Optional
+
+class AdminContentServiceTest {
+    private lateinit var repository: AdminContentRepository
+    private lateinit var themeRepository: AdminContentThemeRepository
+    private lateinit var audioContentCloudFront: AudioContentCloudFront
+    private lateinit var curationRepository: AdminContentCurationRepository
+    private lateinit var contentMainTabRepository: AdminContentMainTabRepository
+    private lateinit var s3Uploader: S3Uploader
+    private lateinit var service: AdminContentService
+
+    @BeforeEach
+    fun setup() {
+        repository = Mockito.mock(AdminContentRepository::class.java)
+        themeRepository = Mockito.mock(AdminContentThemeRepository::class.java)
+        audioContentCloudFront = Mockito.mock(AudioContentCloudFront::class.java)
+        curationRepository = Mockito.mock(AdminContentCurationRepository::class.java)
+        contentMainTabRepository = Mockito.mock(AdminContentMainTabRepository::class.java)
+        s3Uploader = Mockito.mock(S3Uploader::class.java)
+
+        service = AdminContentService(
+            repository = repository,
+            themeRepository = themeRepository,
+            audioContentCloudFront = audioContentCloudFront,
+            curationRepository = curationRepository,
+            contentMainTabRepository = contentMainTabRepository,
+            objectMapper = jacksonObjectMapper(),
+            s3Uploader = s3Uploader,
+            bucket = "test-bucket"
+        )
+    }
+
+    @Test
+    @DisplayName("관리자 콘텐츠 수정은 유효한 개별 정산 요율을 저장한다")
+    fun shouldUpdateSettlementRatioWhenValidValueIsProvided() {
+        val audioContent = createAudioContent(settlementRatio = 70)
+        Mockito.`when`(repository.findById(1L)).thenReturn(Optional.of(audioContent))
+
+        service.updateAudioContent(
+            coverImage = null,
+            requestString = """
+                {"id":1,"isDefaultCoverImage":false,"settlementRatio":80}
+            """.trimIndent()
+        )
+
+        assertEquals(80, audioContent.settlementRatio)
+    }
+
+    @Test
+    @DisplayName("관리자 콘텐츠 수정은 삭제 플래그로 개별 정산 요율을 삭제한다")
+    fun shouldDeleteSettlementRatioWhenDeleteFlagIsTrue() {
+        val audioContent = createAudioContent(settlementRatio = 70)
+        Mockito.`when`(repository.findById(1L)).thenReturn(Optional.of(audioContent))
+
+        service.updateAudioContent(
+            coverImage = null,
+            requestString = """
+                {"id":1,"isDefaultCoverImage":false,"isSettlementRatioDeleted":true}
+            """.trimIndent()
+        )
+
+        assertNull(audioContent.settlementRatio)
+    }
+
+    @Test
+    @DisplayName("관리자 콘텐츠 수정은 삭제 플래그와 정산 요율을 함께 보내면 예외를 던진다")
+    fun shouldThrowWhenDeleteFlagAndSettlementRatioAreProvidedTogether() {
+        val audioContent = createAudioContent(settlementRatio = 70)
+        Mockito.`when`(repository.findById(1L)).thenReturn(Optional.of(audioContent))
+
+        val exception = assertThrows(SodaException::class.java) {
+            service.updateAudioContent(
+                coverImage = null,
+                requestString = """
+                    {"id":1,"isDefaultCoverImage":false,"settlementRatio":80,"isSettlementRatioDeleted":true}
+                """.trimIndent()
+            )
+        }
+
+        assertEquals("common.error.invalid_request", exception.messageKey)
+        assertEquals(70, audioContent.settlementRatio)
+    }
+
+    @Test
+    @DisplayName("관리자 콘텐츠 수정은 삭제 플래그와 null 정산 요율 키를 함께 보내도 예외를 던진다")
+    fun shouldThrowWhenDeleteFlagAndNullSettlementRatioKeyAreProvidedTogether() {
+        val audioContent = createAudioContent(settlementRatio = 70)
+        Mockito.`when`(repository.findById(1L)).thenReturn(Optional.of(audioContent))
+
+        val exception = assertThrows(SodaException::class.java) {
+            service.updateAudioContent(
+                coverImage = null,
+                requestString = """
+                    {"id":1,"isDefaultCoverImage":false,"settlementRatio":null,"isSettlementRatioDeleted":true}
+                """.trimIndent()
+            )
+        }
+
+        assertEquals("common.error.invalid_request", exception.messageKey)
+        assertEquals(70, audioContent.settlementRatio)
+    }
+
+    @Test
+    @DisplayName("관리자 콘텐츠 수정은 범위를 벗어난 정산 요율이면 예외를 던진다")
+    fun shouldThrowWhenSettlementRatioIsOutOfRange() {
+        val audioContent = createAudioContent(settlementRatio = 70)
+        Mockito.`when`(repository.findById(1L)).thenReturn(Optional.of(audioContent))
+
+        val exception = assertThrows(SodaException::class.java) {
+            service.updateAudioContent(
+                coverImage = null,
+                requestString = """
+                    {"id":1,"isDefaultCoverImage":false,"settlementRatio":101}
+                """.trimIndent()
+            )
+        }
+
+        assertEquals("common.error.invalid_request", exception.messageKey)
+        assertEquals(70, audioContent.settlementRatio)
+    }
+
+    @Test
+    @DisplayName("관리자 콘텐츠 수정은 삭제 플래그와 정산 요율이 없으면 기존 값을 유지한다")
+    fun shouldKeepSettlementRatioWhenNoSettlementRatioFieldsAreProvided() {
+        val audioContent = createAudioContent(settlementRatio = 70)
+        Mockito.`when`(repository.findById(1L)).thenReturn(Optional.of(audioContent))
+
+        service.updateAudioContent(
+            coverImage = null,
+            requestString = """
+                {"id":1,"isDefaultCoverImage":false}
+            """.trimIndent()
+        )
+
+        assertEquals(70, audioContent.settlementRatio)
+    }
+
+    private fun createAudioContent(settlementRatio: Int?): AudioContent {
+        return AudioContent(
+            title = "title",
+            detail = "detail",
+            languageCode = "ko",
+            price = 100,
+            settlementRatio = settlementRatio
+        ).apply {
+            id = 1L
+        }
+    }
+}